Position analysis in a business
What do you mean by the term position analysis in a business? Briefly illustrate it.
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With position analysis, the business is looking for to establish how it is positioned relative to its atmosphere (that is, customers, suppliers, position analysis, technology, the economy, political atmosphere and so forth) given the business’s objectives and mission. This is frequently approached in the framework of an analysis of the business’s weaknesses, strengths, opportunities and threats.
Variable Cost: A cost which differs with changes in the level of an activity, whenever the other factors are held constant. The cost of material treating to an activity, for illustration, differs according to the number of material de
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
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under gantt's bonus plan, no bonus is payable to the worker if is effeciency is less than how much?
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
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Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
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